{"id":580805,"date":"2023-05-31T10:19:14","date_gmt":"2023-05-31T04:49:14","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=580805"},"modified":"2023-05-31T12:06:12","modified_gmt":"2023-05-31T06:36:12","slug":"india-may-cut-solar-panel-import-tax-to-make-up-domestic-shortfall-2","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/india-may-cut-solar-panel-import-tax-to-make-up-domestic-shortfall-2\/","title":{"rendered":"India may cut solar panel import tax to make up domestic shortfall"},"content":{"rendered":"<p>India may cut its import taxes on solar panels in half and is seeking a rollback in goods and services taxes on the devices to make up a shortfall in local output amid rising demand for renewable energy, three government sources said.<\/p>\n<p>India&#8217;s renewable energy ministry has held talks with the finance ministry to approve its request to cut the import tax on solar panels from 40% to 20%, said the three sources, who declined to be identified as the decision has not yet been finalised.<\/p>\n<p>Also, the two ministries may make a recommendation to India&#8217;s Good and Services Tax Council to lower the goods and services tax (GST) on solar panels to 5%, from the 12% imposed in 2021, the sources said.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>India may cut its import taxes on solar panels in half and is seeking a rollback in goods and services taxes on the devices to make up a shortfall in local output amid rising demand for renewable energy, three government sources said. India&#8217;s renewable energy ministry has held talks with the finance ministry to approve its request to cut the import tax on solar panels from 40% to 20%, said the three sources, who declined to be identified as the decision has not yet been finalised. Also, the two ministries may make a recommendation to India&#8217;s Good and Services Tax [&hellip;]<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[130,239,136],"tags":[],"class_list":["post-580805","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-power-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/580805","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=580805"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/580805\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=580805"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=580805"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=580805"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}